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BlackRock High Yield Bond Portfolio
mutual fund
BHYIX
Dividend policy
Active
Price as of:
$7.81
+0.0
+0%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.81
+0.0
+0%
primary theme
High Yield Bond
BHYIX (Mutual Fund)
BlackRock High Yield Bond Portfolio
Dividend policy
Active
Price as of:
$7.81
+0.0
+0%
primary theme
High Yield Bond
BHYIX - Snapshot
Vitals
- YTD Return 0.3%
- 3 Yr Annualized Return 6.4%
- 5 Yr Annualized Return 7.7%
- Net Assets $25.9 B
- Holdings in Top 10 10.4%
52 WEEK LOW AND HIGH
$7.81
$6.83
$7.86
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.59%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 119.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000,000
- IRA N/A
Fund Classification
- Primary Theme High Yield Bond
- Fund Type Open End Mutual Fund
- Investment Style High Yield Bond
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$5.94
0.00%
$28.44 B
4.49%
$0.27
blocked
blocked
blocked
-0.67%
0.23%
$7.81
0.00%
$25.86 B
4.96%
$0.39
blocked
blocked
blocked
0.26%
0.59%
$10.36
+0.19%
$18.59 B
5.47%
$0.57
blocked
blocked
blocked
2.17%
0.73%
$11.20
+0.09%
$14.05 B
3.25%
$0.36
blocked
blocked
blocked
4.48%
0.67%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$87.13
-0.05%
$21.08 B
4.65%
$4.05
blocked
blocked
blocked
0.21%
0.49%
$108.77
-0.06%
$10.37 B
4.91%
$5.34
blocked
blocked
blocked
0.26%
0.40%
$40.01
-20.00%
$6.76 B
3.96%
$1.98
blocked
blocked
blocked
-19.86%
0.20%
$45.77
0.00%
$4.56 B
5.04%
$2.31
blocked
blocked
blocked
0.97%
0.30%
$32.00
-0.06%
$4.45 B
4.61%
$1.48
blocked
blocked
blocked
0.22%
0.43%
BHYIX - Profile
Distributions
- YTD Total Return 0.3%
- 3 Yr Annualized Total Return 6.4%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.37%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock High Yield Bond Portfolio
-
Fund Family NameBlackRock
-
Inception DateNov 19, 1998
-
Shares Outstanding1655267134
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Keenan
Fund Description
The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.
BHYIX - Performance
Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -19.9% | 9.8% | 57.61% |
| 1 Yr | 23.4% | 0.0% | 64.1% | 41.79% |
| 3 Yr | 6.4%* | -12.7% | 10.4% | 25.29% |
| 5 Yr | 7.7%* | -6.1% | 11.8% | 18.76% |
| 10 Yr | 6.4%* | 1.3% | 9.3% | 12.35% |
* Annualized
Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -46.8% | 399.1% | 43.62% |
| 2019 | 8.8% | -10.3% | 226.1% | 27.35% |
| 2018 | N/A | -18.4% | -0.4% | N/A |
| 2017 | N/A | -9.5% | 18.8% | N/A |
| 2016 | N/A | -9.1% | 28.6% | N/A |
Total Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.3% | -20.1% | 9.8% | 56.39% |
| 1 Yr | 23.4% | 0.0% | 64.1% | 36.51% |
| 3 Yr | 6.4%* | -12.7% | 10.4% | 22.92% |
| 5 Yr | 7.7%* | -6.1% | 11.8% | 16.94% |
| 10 Yr | 6.4%* | 1.3% | 9.3% | 11.75% |
* Annualized
Total Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 0.3% | -46.8% | 399.1% | 43.62% |
| 2019 | 8.8% | -3.8% | 23.9% | 30.25% |
| 2018 | N/A | -18.4% | 1.3% | N/A |
| 2017 | N/A | -8.5% | 18.8% | N/A |
| 2016 | N/A | -9.1% | 39.0% | N/A |
NAV & Total Return History
BHYIX - Holdings
Concentration Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Assets | 25.9 B | 3.64 M | 28.4 B | 0.41% |
| Number of Holdings | 1663 | 3 | 2297 | 1.08% |
| Net Assets in Top 10 | 2.85 B | -564 M | 3.47 B | 0.27% |
| Weighting of Top 10 | 10.38% | 2.7% | 100.0% | 57.98% |
Top 10 Holdings
- BlackRock Liquidity T-Fund Instl 4.51%
- TransDigm, Inc. 6.25% 1.30%
- iShares Broad USD High Yield Corp Bd ETF 0.73%
- iShares iBoxx $ High Yield Corp Bd ETF 0.65%
- Panther BF Aggregator 2 LP / Panther Finance Company Inc 8.5% 0.62%
- Altice France Holdings S A 10.5% 0.56%
- Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.62% 0.53%
- Connect Finco SARL/Connect US Finco LLC 6.75% 0.52%
- Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer Inc 6.75% 0.51%
- Solera, LLC / Solera Finance, Inc. 10.5% 0.48%
Asset Allocation
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Bonds | 92.19% | 18.91% | 146.82% | 65.01% |
| Cash | 3.07% | -40.59% | 71.60% | 44.82% |
| Convertible Bonds | 2.41% | 0.00% | 21.16% | 39.43% |
| Stocks | 2.26% | -8.82% | 43.20% | 14.27% |
| Other | 0.05% | -49.68% | 30.15% | 19.25% |
| Preferred Stocks | 0.02% | 0.00% | 22.05% | 40.51% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Energy | 41.56% | 0.00% | 100.00% | 43.04% |
| Basic Materials | 20.31% | 0.00% | 100.00% | 7.90% |
| Real Estate | 17.62% | 0.00% | 100.00% | 4.37% |
| Technology | 8.31% | 0.00% | 99.99% | 10.60% |
| Healthcare | 7.05% | 0.00% | 69.02% | 9.98% |
| Communication Services | 4.67% | 0.00% | 100.00% | 26.82% |
| Financial Services | 0.28% | 0.00% | 100.00% | 26.20% |
| Industrials | 0.11% | 0.00% | 100.00% | 27.86% |
| Consumer Cyclical | 0.08% | 0.00% | 100.00% | 36.17% |
| Utilities | 0.00% | 0.00% | 99.28% | 25.16% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 20.79% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 2.06% | -8.82% | 37.04% | 14.27% |
| Non US | 0.20% | 0.00% | 15.55% | 14.54% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Corporate | 94.68% | 0.00% | 100.00% | 54.85% |
| Cash & Equivalents | 4.82% | 0.00% | 72.32% | 31.00% |
| Securitized | 0.39% | 0.00% | 91.68% | 29.78% |
| Derivative | 0.09% | 0.00% | 41.67% | 24.39% |
| Government | 0.01% | 0.00% | 60.89% | 42.18% |
| Municipal | 0.00% | 0.00% | 14.61% | 12.80% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 79.16% | 0.18% | 121.45% | 58.41% |
| Non US | 13.03% | -25.76% | 97.17% | 44.68% |
BHYIX - Expenses
Operational Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.59% | 0.03% | 20.43% | 86.66% |
| Management Fee | 0.41% | 0.00% | 1.84% | 14.91% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.04% | 0.00% | 0.50% | 13.24% |
Sales Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 119.00% | 0.00% | 349.00% | 85.47% |
BHYIX - Distributions
Dividend Yield Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.12% | 15.99% |
Dividend Distribution Analysis
| BHYIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.37% | -2.17% | 10.53% | 32.60% |
Capital Gain Distribution Analysis
| BHYIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Feb 28, 2019 | $0.033 |
| Jan 31, 2019 | $0.037 |
| Dec 31, 2018 | $0.039 |
| Nov 30, 2018 | $0.038 |
| Oct 31, 2018 | $0.039 |
| Sep 28, 2018 | $0.037 |
| Aug 31, 2018 | $0.037 |
| Jul 31, 2018 | $0.038 |
| Jun 29, 2018 | $0.035 |
| May 31, 2018 | $0.036 |
| Apr 30, 2018 | $0.035 |
| Mar 29, 2018 | $0.035 |
| Feb 28, 2018 | $0.033 |
| Jan 31, 2018 | $0.037 |
BHYIX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Dec 31, 2007
13.26
13.3%
Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
May 08, 2009
11.9
11.9%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Derek Schoenhofen
Start Date
Tenure
Tenure Rank
May 08, 2009
11.9
11.9%
Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.
David Delbos
Start Date
Tenure
Tenure Rank
Mar 20, 2014
7.04
7.0%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.63 | 6.63 | 1.75 |
